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MetLife MET Long-term Care — Interest Expense (2)

Other product segments

Fixed & Immediate Annuities
$966M+16.0%
Long-Duration Insurance, Other
$126M+3.3%
Fixed Annuity
$104M+19.5%
Whole and Term Life & Endowments
$75M+4.2%
Accident & health insurance
$62M+1.6%
Fixed & Immediate Annuities for Deferred Profit Liabilities
$47M+2.2%
Universal and Variable Universal Life
$38M+8.6%
Whole and Term Life & Endowments for Deferred Profit Liabilities
$12M+20.0%
Accident and Health Insurance Product Line for Deferred Profit Liabilities
$6M+20.0%
Fixed Annuity for Deferred Profit Liabilities
$5M0.0%
Variable Life
$4M0.0%

Similar metrics at other companies

Ameriprise Financial logo
AMPLong Term Care Insurance — Interest Expense
$66M0.0%
Principal Financial Group logo
PFGLong Term Care Insurance — Liability For Future Policy Benefit Interest Expense
$2.4M0.0%
Unum logo
UNMLong-term Care — Liability for Future Policy Benefit, Interest Expense
$219.4M+8.8%
Prudential Financial logo
PRULong- Term Care — Interest accrual
$157M+2.6%
Principal Financial Group logo
PFGLong Term Care Insurance — Liability For Future Policy Benefit Expected Future Policy Benefit Interest Expense
-$2.8M0.0%
Unum logo
UNMLong-term Care — Liability for Future Policy Benefit, Expected Future Policy Benefit, Interest Expense
$314.5M+5.0%

Other financials

Income statement

See full
Revenue$19.1B+2.7%
Net income$1.2B+25.4%
EPS (diluted)$1.74+35.9%

Balance sheet

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Cash & equivalents$22.7B+6.4%
Total debt$14.8B-1.5%
Total equity$27.3B-0.6%
Total assets$743.21B+8.0%

Cash flow

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Operating cash flow$2.7B-37.0%

Valuation

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Market cap$54.45B+2.4%
Enterprise value$46.62B-0.7%
P/E15.1×+3.2×
P/S0.7×0.0×

Profitability

See full
Net margin4.7%-1.5pp

Returns & leverage

See full
Return on equity13.2%-2.9pp
Debt / equity0.5×0.0×

Where this comes from

Reported directly by MetLife in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitInterestExpense.

The official record: MetLife’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MetLife's long-term care — interest expense (2)?
MetLife (MET) reported long-term care — interest expense (2) of $212M in Q1 2026.
How has MetLife's long-term care — interest expense (2) changed year-over-year?
MetLife's long-term care — interest expense (2) increased by 3.4% year-over-year, from $205M to $212M.
What is the long-term trend for MetLife's long-term care — interest expense (2)?
Over 4 years (2021 to 2025), MetLife's long-term care — interest expense (2) has grown at a 4.0% compound annual growth rate (CAGR), from $711M to $831M.
What does long-term care — interest expense (2) mean?
This represents the interest expense accrued on the long-term care insurance liability, reflecting the unwinding of the discount over time. It is a non-cash accounting charge that recognizes the cost of carrying the liability as it approaches maturity. This metric is a key component of the total insurance service expense.